Saia, Inc. (NASDAQ:SAIA – Get Free Report) Director John P. Gainor, Jr. acquired 500 shares of the company’s stock in a transaction dated Thursday, May 2nd. The stock was acquired at an average cost of $407.00 per share, for a total transaction of $203,500.00. Following the completion of the acquisition, the director now directly owns 900 shares in the company, valued at $366,300. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Saia Stock Down 1.7 %
Shares of SAIA opened at $393.26 on Tuesday. The stock has a 50 day moving average price of $550.41 and a 200 day moving average price of $480.00. Saia, Inc. has a one year low of $266.91 and a one year high of $628.34. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market capitalization of $10.46 billion, a price-to-earnings ratio of 28.50, a PEG ratio of 1.26 and a beta of 1.71.
Saia (NASDAQ:SAIA – Get Free Report) last released its earnings results on Friday, April 26th. The transportation company reported $3.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.43 by ($0.05). The business had revenue of $754.80 million for the quarter, compared to analysts’ expectations of $772.36 million. Saia had a return on equity of 19.53% and a net margin of 12.42%. Saia’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.85 EPS. Equities research analysts forecast that Saia, Inc. will post 15.38 earnings per share for the current fiscal year.
Institutional Trading of Saia
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on SAIA. UBS Group decreased their target price on shares of Saia from $618.00 to $541.00 and set a “buy” rating for the company in a research report on Monday, April 29th. JPMorgan Chase & Co. decreased their price objective on Saia from $676.00 to $580.00 and set an “overweight” rating for the company in a report on Monday, April 29th. BMO Capital Markets dropped their target price on Saia from $575.00 to $490.00 and set a “market perform” rating on the stock in a report on Monday, April 29th. Bank of America decreased their price target on Saia from $645.00 to $484.00 and set a “buy” rating for the company in a report on Monday, April 29th. Finally, Benchmark raised their price objective on shares of Saia from $575.00 to $625.00 and gave the stock a “buy” rating in a research note on Thursday, March 21st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $497.22.
Read Our Latest Analysis on SAIA
About Saia
Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.
Read More
- Five stocks we like better than Saia
- How to Choose Top Rated Stocks
- 3 CEO-Led Turnaround Stocks You Can Still Buy
- Which Wall Street Analysts are the Most Accurate?
- 3 Value Stocks You Can Buy Before They Become Big
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Chinese Stocks Stage Impressive Rebound
Receive News & Ratings for Saia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saia and related companies with MarketBeat.com's FREE daily email newsletter.